Overview
* scPharmaceuticals Q2 revenue of $16 mln beats analyst expectations, per LSEG data
* Net loss of $18 mln missed analyst estimates, per LSEG data
* Company launched FUROSCIX for chronic kidney disease, expanding its market reach
Result Drivers
* REVENUE GROWTH - Net FUROSCIX revenue increased 99% year-over-year to $16 mln, driven by higher demand and expanded market reach
* DOSE INCREASE - Doses shipped to patients rose 117% year-over-year, reflecting strong adoption among prescribers
* CKD MARKET EXPANSION - Launch of FUROSCIX in chronic kidney disease market contributed to revenue growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Beat $16.04 $15.40
Revenue mln mln (5
Analysts
)
Q2 Net Miss -$18.02 -$16.80
Income mln mln (4
Analysts
)
Q2 Beat -$14.29 -$15.90
Income mln mln (4
from Analysts
Operatio )
ns
Q2 Basic -$0.34
EPS
Q2 $30.34
Operatin mln
g
Expenses
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the pharmaceuticals peer group is "buy"
* Wall Street's median 12-month price target for scPharmaceuticals Inc is $12.00, about 56.2% above its August 6 closing price of $5.26
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)